—
00:00
Money for You
Money for You
USD/RUB—
EUR/RUB—
Cryptocurrency

Apex Group joins Hedera Council to explore tokenization

Apex Group, which services more than $3.5 trillion in assets, has joined the Hedera Council and plans to explore the network for tokenization initiatives. The appointment, announced by Hedera on Nov. 11, gives the financial services provider a role in governing the network, alongside its work in digital assets and institutional infrastructure.

Apex Group joins Hedera Council to explore tokenization

Hedera said Apex brings experience in digital assets, institutional market infrastructure and compliance across an asset’s lifecycle. The network described the group as the first transfer agent and fund service provider to administer regulated securities using distributed ledger technology. The $3.5 trillion figure refers to assets Apex services, not assets already tokenized on Hedera.

Council members each have one vote on decisions including network pricing, software updates, treasury matters, director elections and new memberships, according to the Council’s governance FAQ. Some decisions require a supermajority or unanimous consent. Members are expected to attend meetings, take part in electronic votes, sign governance transactions and host a network node. The Council can have up to 39 members. Membership itself does not require payment or provide rights to treasury HBAR holdings or Council distributions, though operating a node may earn network rewards. Building applications on Hedera is optional.

Apex’s move follows work by Tokeny, the tokenization technology company in which Apex acquired a majority stake in May 2025. Tokeny’s Hedera integration was announced in April 2025 through an agreement with the then-named HBAR Foundation. The partnership offered institutions a white-label platform for issuing and managing tokenized financial assets, or APIs to connect with existing systems. Tokeny uses the ERC-3643 standard for assets including funds, equities, real estate and debt.

Apex’s other tokenization projects have used different blockchains. In August 2025, SkyBridge Capital outlined plans to tokenize $300 million across two hedge funds on Avalanche, using ERC-3643 and infrastructure supplied through Apex Digital 3.0. In January 2025, London-based Fasanara Capital launched its Fasanara MMF Token, or FAST, on Polygon PoS. Apex served as fund administrator, while Tokeny handled transfer agency; Chainlink and Fireblocks also provided services for the launch.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!